LIBOR Conversion Date definition
Examples of LIBOR Conversion Date in a sentence
Each Base Rate Advance shall accrue interest at the Base Rate Yield for each day beginning on, and including, the Advance Date or Base Rate Conversion Date, as applicable, with respect to such Base Rate Advance and ending on, but excluding, the LIBOR Conversion Date.
The Borrower may request that the Administrative Agent convert any Base Rate Advance, in whole and not in part, to a LIBOR Advance by delivering a Conversion Notice to the Administrative Agent no later than 1:00 p.m. at least three Business Days’ before the LIBOR Conversion Date on which such Base Rate Advance is to be converted into a LIBOR Advance.
The Borrower may request that the Administrative Agent convert any One Day Advance, in whole and not in part, to a LIBOR Advance by delivering a Conversion Notice to the Administrative Agent no later than 1:00 p.m. at least one Business Day before the LIBOR Conversion Date on which such One Day Advance is to be converted into a LIBOR Advance.
The Borrower may request that the Administrative Agent convert any Base Rate Advance, in whole and not in part, to a LIBOR Advance by delivering a Conversion Notice to the Administrative Agent no later than 1:00 p.m. at least three Business Days before the LIBOR Conversion Date on which such Base Rate Advance is to be converted into a LIBOR Advance.
Notwithstanding the foregoing or anything else contained in this Agreement or any other Loan Document to the contrary, (i) each LIBOR Rate Loan issued and outstanding as of March 14, 2002 (the "LIBOR Conversion Date") in Dollars shall, at the end of the then continuing Interest Period applicable thereto, convert into Base Rate Loans and (ii) each Loan made in Dollars on and after the LIBOR Conversion Date shall only be a Base Rate Loan.
Each Base Rate Advance shall accrue interest at the Base Rate Yield for each day beginning on, and including, the Advance Date or Base Rate Conversion Date, as applicable, with respect to such Base Rate Advance and ending on, but excluding, the LIBOR Conversion Date for such Base Rate Advance or the date such Base Rate Advance is repaid in full at the Base Rate Yield.
Each One Day Advance shall accrue interest at the One Day Advance Yield Rate for each day beginning on, and including, the Advance Date and ending on, but excluding, the LIBOR Conversion Date or Base Rate Conversion Date for such One Day Advance or the date such One Day Advance is repaid in full at the One Day Advance Yield.
Each Base RateOne Day Advance shall accrue interest at the Base RateOne Day Advance Yield Rate for each day beginning on, and including, the Advance Date or Base Rate Conversion Date, as applicable, with respect to such Base Rate Advance and ending on, but excluding, the LIBOR Conversion Date for ▇▇▇▇▇▇ Base Rate Conversion Date for such One Day Advance or the date such Base RateOne Day Advance is repaid in full at the Base RateOne Day Advance Yield.